Penryn Plastics Limited

Penryn Plastics Ltd from Falmouth UK is a small, active company founded eighteen years ago. With £688,525 in assets and a virtual address shared by 118 other companies, it’s a unique situation. The business, run by two directors and a solo founder, has a stellar 5.0 Google rating based on 56 reviews. It operates as an irregular importer, bringing in aluminum and aluminum products, with its last import operation occurring just a month ago.

The company’s website paints a picture of Cornwall’s leading PVC building materials supplier. It offers a wide range of products, including acrylic cutting, laser services, and fitting services, alongside a catalogue download. Featured products like decking planks, artificial grass, and water pipes showcase its core offerings. The site emphasizes competitive pricing and provides delivery options within Cornwall and throughout the UK. It’s clear that Penryn Plastics is focused on direct sales, and it doesn’s appear to be an ecommerce site.

Looking at the financials, Penryn Plastics shows some concerning trends. While current assets increased by a substantial 690,000%, net assets also increased by 2,900,000%. Bank borrowings increased by 2,400% to £29,000, and cash reserves decreased by 30% to £28,000. Creditors decreased by 18%, which is a positive sign. The company meets two of the three criteria to be considered small, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited.

Overall, Penryn Plastics Ltd seems to be navigating a period of change. The company's strong Google rating and focus on PVC building materials suggest a loyal customer base, but the financial data indicates potential pressures. Whether these are temporary fluctuations or longer-term challenges remains to be seen.

Registered in England/Wales under the registration number 06251556, with a registered address at TR11 2DA, England, Falmouth, 11a Kimberley Park Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.